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Where Independent Traders, Investors, and Dribblers Thrive
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Market has taken a bullish stance past month at 54 WTI – not to mention 60 Brent – the production numbers strong as is exports with Cushing cruising along – sentiment main reason up here
JPM lifted its 2018 WTI forecast by $11.40 to $54.63
At least consistent when its on the highest for a while and whats up with the .63 cents – never seen that before 🙂
REUTERS POLL:
U.S. CRUDE SEEN AVERAGING $50.21/BBL IN 2017, $52.50/BBL IN 2018 (VE $49.88 AND $51.61 PREVIOUSLY). via @Lee_Saks
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